No rate cuts until Q2 next year, while Australia’s 2050 targets ‘aspirational’ as opposed to likely: Oxford Economics Australia
Australia's leading economic forecaster and industry analyst believes a Trump victory in the US Election would provide equity markets with short-lived sugar hit but policies to limit trade and population growth will ultimately limit the US’ potential growth rate. It also forceasts that housing supply is forecast to climb in the back half of the decade, reaching 220,000 total dwelling completions in FY29.
Obsidian Security Expands in Australia to Protect Critical SaaS Applications for Organisations Across the Region
Obsidian Security is expanding its presence in APJ to accelerate SaaS security deployments for local businesses. This expansion will also enhance support for many of the region’s leading enterprises that already rely on Obsidian to protect their critical cloud-based applications, including some of Australia’s largest healthcare, financial, and telecommunication providers.
Global Study: Australian & New Zealand Small Businesses Feeling Brunt of Inflation as Consumers Spending Less
Constant Contact’s global SMB report reveals 60 per cent of consumers in Australia and New Zealand (A/NZ) are spending less at SMBs due to inflation – the highest among all polled regions.
NEW CAR SHARE DOORS OPEN FOR AUSTRALIANS AS DRIVE MATE HITS AVAILABLE VEHICLE MILESTONES ALONG EAST COAST
Over 600 vehicles are now accessible across Melbourne, 500 across Sydney and 500 across Brisbane and the Gold Coast, more than doubling the amount available just last month in each city. The company is adding on average 100 cars per day nationwide, catering to increased demand.
A building recovery is on its way, but housing will fall short of target
Despite renewed government efforts to boost housing supply, it is expected to take until the latter half of the decade before tangible benefits emerge, entrenching affordability as a chronic issue, according to leading independent analyst and industry forecaster, Oxford Economics Australia.
University of Canberra partners with Nutanix to optimise cloud computing capabilities
Decade-long partnership slashes infrastructure needs, improves carbon footprint, and sets foundation for AI research. Now, 90 per cent of the University’s core applications run on Nutanix
Research shows Australian enterprise leading the world in AI adoption
The sixth annual Nutanix Enterprise Cloud Index finds “cloud smart” infrastructure modernisation is accelerating Australia’s AI and sustainability agendas
Australian Organisations Experienced Highest Rate of Data Breaches, Reports Rubrik Zero Labs
Based on the global average, almost 50 per cent more data breaches impact Australian organisations, and nearly all Australian organisations who fell victim to a ransomware event paid attackers to recover data or stop the attack.
EVOS Secures $4m and Seeks Additional $6m to expand capabilities in Australia
Initial $4m secured through existing investors, with the total $10m sought to increase sales and marketing in Australia, expand its manufacturing capability locally and meet demand for sales in overseas markets
Study finds 83 per cent of Australia and New Zealand SMBs concerned about economic conditions
Constant Contact’s global SMB report reveals 50 per cent of Australia and New Zealand (ANZ) businesses spend less than $15,000 per year on marketing, and 23 per cent spend less than $1,500
Nozomi Networks Secures $100 Million Investment to Accelerate Mission to Defend the World’s Critical Infrastructure from Cyber Threats
Latest round includes investments from Mitsubishi Electric and Schneider Electric; spotlights demand for an OT/IoT security platform that supports heterogeneous operating environments
Constant Contact Appoints New Executives to Enable Rapid Growth in the Asia Pacific Region
Company appoints Gerard Smith and Sam Whitmore to accelerate regional growth and enhance new and existing partnerships.
Australian start-up Quasar selected by US Government-backed Catalyst Accelerator
Australian start-up Quasar Satellite Technologies (‘Quasar’) has been selected as one of seven companies – and the only international organisation – to participate in the 13th Catalyst Accelerator, a program powered by the US Air Force Research Laboratory Space Vehicles Directorate (AFRL/RV).
Nearly Half Of Aussie Organisations Likely To Reduce Decarbonisation Spend If Economic Conditions Worsen
ENGIE Impact’s 2024 Net Zero Report also finds that Australian businesses are down on confidence when it comes to enacting decarbonisation strategies
Macquarie Data Centres receives green light for new AI-ready Sydney Data Centre
The new facility will take the company’s total data centre IT load to a potential 63 megawatts (MW). It will be able to accommodate the power and cooling demands of AI and cloud tech, and will leverage efficient technologies such as liquid cooling.
Vocus to Roll Out 1.6 Tb/s Technology with Ciena’s WaveLogic 6
Upgrade will improve network power efficiency and boost capacity to support cloud and AI demands.
Property Price Growth to Slow in 2024 Before Bouncing Back in 2025: Oxford Economics Australia
2024 is expected to be a softer year for home prices than last year, increasing a muted 2.7%. Leading the pack, Perth’s property market is expected to outperform over the next three years.
Constant Contact Appoints New Leadership in APAC to Accelerate Growth in the Region
Renée Chaplin joins organisation as VP of APAC to help drive local adoption of Constant Contact and to scale its international business.
Rubrik Appoints Abhilash Purushothaman GM and VP Asia
Antoine Le Tard, Vice President, Rubrik APJ, said the role was a newly created position where Purushothaman will lead the business in India, Singapore, Indonesia, Malaysia, the Philippines, and across ASEAN.
Rubrik Zero Labs Finds Almost Two-Thirds of Australian Businesses Would Pay Ransomware Demand
Rubrik Zero Labs commissioned its second global study with Wakefield Research to gather insights from more than 1,600 IT and security leaders—half of which were CIOs and CISOs—across 10 countries. This study was supplemented by Rubrik telemetry, combining both qualitative and quantitative data.